0
CLOSE Act
2/5/2024, 2:30 PM
Summary of Bill HR 4782
One of the key provisions of the CLOSE Act is the establishment of a bipartisan commission tasked with identifying and eliminating wasteful government programs and agencies. This commission would be responsible for conducting a thorough review of federal spending and making recommendations for cuts or consolidations.
Additionally, the CLOSE Act includes measures to increase transparency and accountability in government spending. This includes requirements for regular reporting on the effectiveness of federal programs and the implementation of performance metrics to evaluate their impact. Furthermore, the bill aims to streamline the federal budgeting process and improve fiscal responsibility by implementing a biennial budgeting system. This would require Congress to pass a budget every two years, rather than annually, in order to provide greater certainty and stability in government funding. Overall, the CLOSE Act is designed to promote responsible fiscal management and ensure that taxpayer dollars are being spent efficiently and effectively. It represents a bipartisan effort to address the growing national debt and reduce government waste.
Congressional Summary of HR 4782
Closing Loopholes for Oil and other Sources of Emissions Act or the CLOSE Act
This bill amends the Clean Air Act to revise requirements for hazardous air pollutants. Specifically, the bill allows (1) emissions from oil or gas exploration or production wells and emissions from pipeline compressors or pump stations to be aggregated with emissions from other similar sources and regulated as a major source of toxic air pollutants, (2) emissions from those wells to be aggregated for purposes of emissions standards for hazardous air pollutants, and (3) emissions from oil or gas production wells to be regulated as an area source of toxic air pollutants.
The Environmental Protection Agency must (1) issue a final rule adding hydrogen sulfide to the list of hazardous air pollutants; and (2) revise the list of air pollution sources within 365 days after issuing the rule to include categories and subcategories of major sources and area sources of hydrogen sulfide, including oil and gas wells.
